View from a stock-watcher site, SeekingAlpha.

In summary, (1) a housing recession has begun, (2) the housing markets are likely to remain weak for an extended period of time, (3) the overall economy should be able to avoid a full-scale recession but below-trend economic growth is likely to persist through late 2007 and (4) the Federal Reserve is likely to ease in the spring or summer of 2007.

Advertisements